SpaceX
SPACE
position
long
DB
Thesis
SpaceX has a strong cash flow and balance sheet, with significant growth potential in both its launch and Starlink businesses. The company's ability to reduce launch costs and leverage its monopoly position in the market supports its long-term growth strategy, making it a compelling investment regardless of its IPO status.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time horizon for the thesis, it's difficult to assess whether the investment thesis has played out. While the fundamentals of SpaceX, such as cash flow and growth potential, may still hold, the lack of concrete performance metrics leaves the outcome uncertain.
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